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Lithium Americas (Argentina) (HAM:WUC0) Cyclically Adjusted Book per Share : €2.40 (As of Mar. 2024)


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What is Lithium Americas (Argentina) Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Lithium Americas (Argentina)'s adjusted book value per share for the three months ended in Mar. 2024 was €4.684. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €2.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lithium Americas (Argentina)'s average Cyclically Adjusted Book Growth Rate was 31.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 38.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 24.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Lithium Americas (Argentina) was 38.40% per year. The lowest was 8.10% per year. And the median was 19.80% per year.

As of today (2024-06-14), Lithium Americas (Argentina)'s current stock price is €3.708. Lithium Americas (Argentina)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.40. Lithium Americas (Argentina)'s Cyclically Adjusted PB Ratio of today is 1.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lithium Americas (Argentina) was 15.52. The lowest was 0.99. And the median was 5.03.


Lithium Americas (Argentina) Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lithium Americas (Argentina)'s Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lithium Americas (Argentina) Cyclically Adjusted Book per Share Chart

Lithium Americas (Argentina) Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.62 2.51

Lithium Americas (Argentina) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.71 1.89 2.13 2.51 2.40

Competitive Comparison of Lithium Americas (Argentina)'s Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Lithium Americas (Argentina)'s Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lithium Americas (Argentina)'s Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lithium Americas (Argentina)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lithium Americas (Argentina)'s Cyclically Adjusted PB Ratio falls into.



Lithium Americas (Argentina) Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Lithium Americas (Argentina)'s adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.684/126.2576*126.2576
=4.684

Current CPI (Mar. 2024) = 126.2576.

Lithium Americas (Argentina) Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.449 98.604 0.575
201406 0.705 99.473 0.895
201409 0.686 99.394 0.871
201412 0.643 98.367 0.825
201503 0.676 99.789 0.855
201506 0.758 100.500 0.952
201509 1.018 100.421 1.280
201512 0.817 99.947 1.032
201603 0.809 101.054 1.011
201606 0.767 102.002 0.949
201609 0.711 101.765 0.882
201703 0.678 102.634 0.834
201706 0.955 103.029 1.170
201709 1.078 103.345 1.317
201712 1.039 103.345 1.269
201803 0.960 105.004 1.154
201806 0.950 105.557 1.136
201809 0.904 105.636 1.080
201812 0.815 105.399 0.976
201903 0.793 106.979 0.936
201906 0.746 107.690 0.875
201909 1.667 107.611 1.956
201912 1.599 107.769 1.873
202003 1.516 107.927 1.773
202006 1.411 108.401 1.643
202009 0.940 108.164 1.097
202012 1.550 108.559 1.803
202103 3.937 110.298 4.507
202106 3.762 111.720 4.252
202109 3.730 112.905 4.171
202112 3.928 113.774 4.359
202203 5.604 117.646 6.014
202206 5.707 120.806 5.965
202209 5.782 120.648 6.051
202212 5.481 120.964 5.721
202303 6.516 122.702 6.705
202306 7.198 124.203 7.317
202309 7.352 125.230 7.412
202312 4.731 125.072 4.776
202403 4.684 126.258 4.684

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Lithium Americas (Argentina)  (HAM:WUC0) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Lithium Americas (Argentina)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.708/2.4
=1.55

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lithium Americas (Argentina) was 15.52. The lowest was 0.99. And the median was 5.03.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Lithium Americas (Argentina) Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Lithium Americas (Argentina)'s Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Lithium Americas (Argentina) (HAM:WUC0) Business Description

Traded in Other Exchanges
Address
900 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6C 1E5
Lithium Argentina is a pure-play lithium producer. The company owns two neighboring lithium brine resources in northwest Argentina: Chauchari-Olaroz and Pastos Grandes. Chauchari-Olaroz entered production in 2023, while Pastos Grandes is still in development. Lithium Argentina plans for both resources to be fully integrated with onside downstream processing capabilities and will sell into the lithium chemical market.

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